‘Debasement Trade’ to Boost Price, Says JPMorgan

2025 年 10 月 2 日 cryptocurrency, economy, finance, investment, markets

The post ‘Debasement Trade’ to Boost Price, Says JPMorgan appeared com. Banking giant JPMorgan says bitcoin BTC$120,172. 06 could climb to around $165,000 on a volatility-adjusted basis relative to gold, highlighting what the bank sees as significant upside if the so-called debasement trade continues to gain momentum. The Wall Street lenders models suggest that bitcoin would need to rise about 40% from current levels to match the scale of private gold holdings once risk is accounted for. The world’s largest cryptocurrency was trading around $119,000 at publication time. The debasement trade involves buying assets such as gold or bitcoin to hedge against the devaluation of fiat currencies. The bank’s projection comes as retail investors accelerated their embrace of the debasement trade, pouring into both bitcoin and gold exchange-traded funds over the past quarter. Analysts led by Nikolaos Panigirtzoglou noted that flows into these products have surged since late 2024, a trend that picked up ahead of the U. S. presidential election. The analysts framed the trade as a response to long-term inflation concerns, ballooning government deficits, questions about Federal Reserve independence, waning trust in fiat currencies in some emerging markets, and a broader move to diversify away from the U. S. dollar. Cumulative flows into spot bitcoin and gold ETFs have risen sharply, JPMorgan said, with retail buyers driving much of the activity. Bitcoin exchange-traded fund (ETFs) initially outpaced gold earlier in the year, particularly after Liberation Day, but gold ETF inflows have been catching up since August, narrowing the gap. The banks proxy based on open interest shows institutions have been net buyers since 2024, but their momentum has recently lagged retail demand. The steep rise in gold prices over the past month has also bolstered bitcoins relative appeal, as.

FG Nexus’s stock rises as it moves to tokenize its shares on Ethereum

2025 年 10 月 2 日 business, cryptocurrency, finance, legal, technology

The post FG Nexus’s stock rises as it moves to tokenize its shares com. FG Nexus Inc. (NASDAQ: FGNX) saw its stock rise 2. 02% to $6. 05 today after announcing an agreement with Securitize to tokenize its public shares natively on the Ethereum blockchain. The stock rise occurred as the company expands its Ethereum-focused treasury, which now holds 50, 768 ETH, valued at approximately $226. 1 million. According to Nasdaq statistics, FG Nexus Inc. rose to $6. 08, reaching a market capitalization of $251. 1 million. Perpetual preferred stock of NASDAQ: FGNXP is valued at $17. 4 million, with an Enterprise Value of $268. 5 million. The companys ETH per share, based on its 50, 770 ETH holdings, is approximately 0. 0012 ETH, and its measured NAV multiple (mNAV) is 1. 19. FG Nexus disclosed that its average ETH purchase price stands at about $4,453 as of October 2. The firm secured approximately $200 million through a private placement on July 30, 2025. Company officials noted that the dual strategy of expanding its ETH treasury and tokenizing public shares showed FG Nexuss long-term commitment to blockchain. FG Nexus partners with Securitize to drive on-chain equity innovation Weve partnered with FG Nexus to natively tokenize its public shares on @Ethereum. @FGNexusio will be the first NASDAQ-listed company to bring dividend-paying preferred equity GNXP fully onchain. pic. twitter. com/6rgPFUdyuH Securitize (@Securitize) October 2, 2025 FG Nexus Inc. reported on October 2 that tokenization would allow investors to convert traditional shares into digital tokens. The company claimed that the tokenization will facilitate on-chain transactions with automated compliance and real-time settlement. According to FG Nexus Inc., Securitize will supply the projects regulated infrastructure by utilizing its licenses as a transfer agent, broker-dealer, and operator of an Alternative Trading System (ATS) registered with the SEC. FG Nexus certified that the framework will ensure the tokenized equity retains the same legal protections as traditional stock. The tokenization of FG Nexus shares.